Home Guarantee Scheme Expansion Opens Doors for Buyers

Australian Bureau of Statistics (ABS) data shows the total value of housing stock in Australia climbed by $213.8 billion in the June 2025 quarter, reaching $11,564.0 billion. That’s about 60% higher than five years ago (around $7.25T). Over the quarter, every state saw gains, led by Queensland and Western Australia (+2.7% each). There are now roughly 11.374 million dwellings in Australi, and the mean home price has hit about $1.017 million. These figures underline how capital growth has kept charging ahead, even as affordability has tightened.

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Why investors and buyers need to move fast 

• Act early: Get your finance pre-approved and be ready to move fast. Also, homes are selling quickly, so it's better to have a shortlist and funds in order to make a speedy decision.
  
  

• Target the hotspots: Focus on suburbs where values are picking up (for example, many areas in QLD and WA). These markets have momentum, which can offer better growth potential.
  
  

• Work the tight market: When stock is squeezed, look for off-market or pre-auction deals. Our team has multiple sources and a network to get hidden opportunities or offers.
  
  

• Be price-smart: Use evidence-based appraisals (not just agent price guides) and set a disciplined bidding strategy. Know your top bid and walk-away point, and make smart use of conditions (like finance or inspections) when buying.
  
  

• First-home buyers – get help: The expanded Home Guarantee Scheme (from Oct 1) is a game-changer for first-home buyers. It opens up many more markets with just a 5% deposit. We’ll work with finance brokers to help you use this scheme, find the right loan, and avoid unnecessary mortgage insurance.
  
  

• Investor view: If you’re investing, compare rental yields versus capital growth in each area. Markets like Brisbane, Perth and Adelaide often offer solid yields. 

City-by-city opportunities

• Sydney (and NSW): The $1.5m cap now covers many mid-range suburbs. Agents can explore areas closer to the city or established growth corridors. More houses than ever fall under the cap, meaning FHBs aren’t limited to fringe units.
  
  

• Brisbane and QLD: With a $1.0m cap (up $300k), most Brisbane suburbs are eligible. Units were already covered, but now even many standalone houses in the middle suburbs are reachable. Brisbane’s mid-sized market (and nearby SE QLD) is seeing steady growth, so acting early is prudent.
  
  

• Adelaide and SA: This is the biggest shift, nearly half of all Adelaide suburbs now qualify under the $0.9m cap (up $300k). That turns plenty of outer and middle-ring areas from off-limits into options. First-home buyers who were priced out can now look across a wide range of locations in Adelaide.
  
  

• (Other markets): Perth, Hobart and regions have smaller price points – the bigger caps also help there, but the national scheme's focus is on larger city markets.
  
  

As Australia’s leading buyer’s agency, Prowealth Properties exists to give buyers the representation they deserve. Whether you’re a first-home buyer or an investor, our team simplifies the process. We save you time and reduce risk by handling inspections, negotiations, and paperwork. Most importantly, we help ensure you don’t overpay in a heated market. By keeping a finger on the pulse of local listings and valuations, our agents help clients buy confidently. With values already on the rise, having a professional in your corner is more valuable than ever.

Ready to get started? Call Prowealth Properties on +61 433 853 248 or send us a message. You can also book a free consultation online to discuss your goals. Our expert buyer agents will walk you through how the expanded Home Guarantee Scheme applies to your situation, and help set you up to buy with confidence in this changing market.